Page 2997 - Company News

Sunil Duggal elevated as Vedanta CEO as firm gets set for next growth phase

He had been given interim charge as interim CEO in March; has been with Vedanta the past 10 years

AirAsia India offers 50,000 seats without base fares to armed forces

While the base fare will be waived off under the "RedPass" offer, airport fees, charges and taxes would be borne by the personnel

Infosys extends support for GovHack 2020 in Australia, New Zealand

IT major Infosys on Friday announced extention of its support for GovHack 2020 in Australia and New Zealand

Street shrugging off likely credit cost pain for Cholamandalam Investment

While management believes it has made adequate Covid-19 provisioning, analysts are skeptical

In pics: Reliance in Fortune's top 100 global companies; see top 10 list

According to the Fortune, this year, Global 500 companies employ 69.9 million people. Check out the list to know more

IndiGo's Hyderabad-Aurangabad flight to start from August 19: Official

Private carrier IndiGo has decided to operate its Hyderabad-Aurangabad flight daily from August 19, director of the city airport D G Salve said

Amazon to launch online drug sales in Bengaluru to enhance reach

Amazon.com Inc said on Friday it will launch an online pharmacy in India that will serve the city of Bengaluru, the latest move by the e-commerce giant to widen its reach in a key growth market

Improving demand, merger plan charge up Tata Power's outlook; shares up 8%

Debt reduction, equity infusion, expected tariff hike for Mundra plant bode well

Optical fibre manufacturers impacted by Chinese anti-dumping duty

The duties range from 7.4 per cent to 30.6 per cent

Nasscom welcomes H1B, L1 visa relaxations; remains 'cautiously optimistic'

"We believe this is a step in the right direction and encourages the implementing agencies to ensure that US businesses' access to critical talent is not hampered," Nasscom said

Hyderabad-based Biological E joins hands with J&J for Covid-19 vaccine

The vaccine candidate is in phase 1/2a clinical trials

IEA cuts 2020 oil demand forecast by 140,000 bpd over aviation sector woes

The Paris-based IEA slashed its 2020 outlook by 140,000 bpd to 91.9 million bpd, its first downgrade in several months

Amazon enters online pharmacy space in India; to compete with Netmeds, 1mg

The service would allow customers to order prescription-based medication in addition to over-the-counter medicines, basic health devices and Ayurveda medication from certified sellers

Covid-19 impact: Hero MotoCorp Q1 net profit falls 95% to Rs 58 crore

The company had posted a net profit of Rs 1,256.69 crore during April-June period of previous fiscal

Covid-19 impact: Earnings of Nifty50 firms slump to over 6-year low

Experts say recovery will be faster than that after the 2008 Lehman crisis

Hyundai launches mobility membership to deepen engagement with customers

The owner of a new Hyundai car can download the HMM from an application store

Motherson Sumi: Declining losses at greenfield plants to aid margins

While losses at the greenfield facilities have come down to 19 million euros from 175 million euros in FY20, analysts expect them to turn positive at the operating profit level by the end of FY21

Sadbhav declared lowest bidder for two highway projects worth Rs 1,572 cr

Sadbhav Engineering on Thursday said it has been declared lowest bidder for two highway projects worth Rs 1,572 crore in Gujarat by the National Highways Authority of India (NHAI).

Efforts on to make up for the lost time due to Covid-19: Punj Lloyd

Punj Lloyd on Thursday said it is making efforts to make up for the lost time due to the Covid-19 pandemic

Strong US portfolio to drive revenue growth for Aurobindo Pharma

Margins expected to improve on product mix and volume growth